A recent survey conducted by Audi Abu Dhabi has revealed rising interest among UAE residents for pre-owned electric vehicles (EVs) , signaling a growing shift towards sustainable transportation. The findings highlight evolving consumer preferences and the key factors driving demand in the pre-owned EV market, offering valuable insights into the future of mobility in the region.
Cost savings and environmental benefits were also revealed as key motivators, with 27% citing these factors as reasons to consider a pre-owned EV, reflecting a shift towards more eco-conscious and financially practical decisions. Respondents aged 25-34 stand out as the most eco-conscious and financially savvy, with 33% valuing cost savings and environmental advantages.
However, the report also highlights pertinent challenges. Lack of charging infrastructure remains a major deterrent, with 13% of respondents stating they would wait for improvements in this area before committing to a second-hand EV. Meanwhile, 17% of consumers expressed interest in EVs but said they are not ready to make a purchase, highlighting the need for targeted education and awareness campaigns.
These findings emphasize the importance of addressing practical barriers to enhance consumer confidence in EV adoption.
Pre Owned Electric Vehicles
The study found that warranties are a top priority for prospective buyers, with 32% of respondents saying they would consider a pre-owned EV if warranty options were available, highlighting the importance of trust and reliability in EV adoption. It also emerged as the most influential consideration across all demographic groups – Emirati respondents showed the highest demand for warranties, with 41% prioritizing this feature in second-hand EV purchases. Similarly, 18-24 age group also displayed strong focus on warranties (36%), alongside middle-income earners (37%).Cost savings and environmental benefits were also revealed as key motivators, with 27% citing these factors as reasons to consider a pre-owned EV, reflecting a shift towards more eco-conscious and financially practical decisions. Respondents aged 25-34 stand out as the most eco-conscious and financially savvy, with 33% valuing cost savings and environmental advantages.
However, the report also highlights pertinent challenges. Lack of charging infrastructure remains a major deterrent, with 13% of respondents stating they would wait for improvements in this area before committing to a second-hand EV. Meanwhile, 17% of consumers expressed interest in EVs but said they are not ready to make a purchase, highlighting the need for targeted education and awareness campaigns.
These findings emphasize the importance of addressing practical barriers to enhance consumer confidence in EV adoption.
